A Virginia man was sentenced on Tuesday to 41 months in prison followed by three years of supervised release for violating U.S. sanctions against Iran by conspiring to engage in prohibited business activities on behalf of persons and entities in Iran.
In addition, Behrouz Mokhtari, 72, of McLean, Virginia, was ordered to forfeit approximately $2,862,598 in proceeds derived from his criminal activity as well as a residence he purchased in Campbell, California, for over $1.5 million using such proceeds.
Mokhtari pleaded guilty in the District of Maryland earlier this year to two counts of conspiracy to violate the International Emergency Economics Power ACT (IEEPA).
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According to court documents, Mokhtari engaged in a conspiracy lasting from at least March 2018 until at least September 2020. He conducted numerous business activities on behalf of Iranian entities without obtaining the required licenses from the Office of Foreign Assets Control (OFAC).
In a separate conspiracy lasting from about February 2013 until at least June 2017, Mokhtari and a number of Iranian nationals agreed to conduct illicit shipments of petrochemical products to and from Iran, utilizing his front company, East & West Shipping Inc., in Panama to do so.
Mokhtari held management positions and/or maintained ownership control of numerous businesses in Iran and the United Arab Emirates (UAE), collectively referred to as “the FSR Network.”
Using the FSR Network, he and his co-conspirators illegally provided services to Iranian entities such as refining and transporting petrochemical products. Mokhtari and his co-conspirators used FSR Network bank accounts in the UAE, including Bitubiz FZE, to process these U.S. dollar transactions.
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Mokhtari admitted that he knew that, as a U.S. citizen, engaging in business with Iranian entities without first obtaining a license or permission from OFAC is prohibited.
He further knew that it was illegal to engage in transactions intended to evade Iranian sanctions, or to engage in transactions related to goods and services of Iranian origin or export.
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